In this note, we explore the under-representation of certain sectors in the S&P 500 and why we believe it is important to diversify sector exposure given the disproportionate weights in the makeup of today’s S&P 500 index – leading us to our market of stocks vs. stock market comparison. We explain our investment philosophy and…
Oil to $120 Again? Energy remains the only green sector for 2022, and while it has risen 68% since January 1st, it remains our preferred sector in the market. Much of the equity movement for the first half of the year followed closely with oil prices, but now that we have witnessed promising earnings reports…
75 bps Hike, Looking Slightly Higher for Slightly Longer This week, Federal Reserve (Fed) Chairman Jerome Powell announced the Fed’s decision to increase their key rate by 75 basis points (bps) or 0.75% to the target range of 3.00-3.25%, which was broadly anticipated by the market. The moral of the story for this meeting was…